JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) Trading Up 3.3% – Time to Buy?

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX)’s share price was up 3.3% on Friday . The stock traded as high as $49.26 and last traded at $50.11. Approximately 417,276 shares were traded during mid-day trading, The stock had previously closed at $48.50.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Price Performance

The firm has a market cap of $4.79 billion, a PE ratio of 13.86 and a beta of 0.99. The business has a 50-day moving average price of $49.94 and a two-hundred day moving average price of $50.76.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF stock. Icon Wealth Advisors LLC bought a new stake in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 1,260 shares of the company’s stock, valued at approximately $68,000.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Company Profile

The JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BBAX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap stocks in developed-market Asian countries, excluding Japan. BBAX was launched on Aug 7, 2018 and is managed by JPMorgan Chase.